The 2024 Ford Mustang Starts At A Very Reasonable $32,515. Would You Consider Buying One?

2024 Ford Mustang Price Topshot
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It’s a big day for pony car fans as pricing has been announced for the 2024 Ford Mustang. This heavily-revised coupe is set to be the torchbearer for reasonably American performance cars since the Mopar muscle cars and Chevrolet Camaro are set to ride off into the sunset, so let’s run through the pricing of every trim level, $1,595 freight charge included.

How about we kick things off with the base model, the $32,515 Ecoboost Fastback? It gets a new 2.3-liter turbocharged four-cylinder engine with both port and direct injection that puts out 315 horsepower and 350 lb.-ft. of torque, more than enough to have fun with. However, I hope you like glued-on iPad-style screens as the base Mustang gets two of them. Oh, and you’re not getting a manual gearbox with the four-cylinder, nor are you getting the drift brake for $32,515. In short, this is a Mustang for normal people and rental fleets, and it should serve that mission well.

2024 Ford Mustang

If you want more toys, expect to pay a $5,525 premium for the $38,040 Ecoboost Premium Fastback model. The big tech highlight here is a revised dashboard with a 13.2-inch infotainment screen placed next to the digital cluster under a single piece of glass, but the lighting package also gets an upgrade, along with wireless charging appearing. Further details are sparse but I wouldn’t be surprised to see some sort of performance package available for the Ecoboost Premium. In addition, expect to see some of the features Ford highlights on the Ecoboost Premium Convertible appear on the coupe.

It looks like your new Southern California holiday rental car will carry a base price of $43,540. That’s how much the 2024 Ford Mustang Ecoboost Premium Convertible starts at, but it does include such niceties as dual-zone climate control, a nine-speaker audio system, and all the tech you’ll find on the equivalent coupe.

2024 Mustang 05

Here’s where things get really exciting. Spend $43,090 and you’ll find yourself playing with a Mustang GT Fastback. That means six forward ratios, three pedals, and a 480-horsepower five-liter V8. Ford’s pretty tight-lipped on options, but expect a fantastic turn of pace for the money. This is the hooligan’s Mustang, so it might just be the spec to get. All thrills, no frills, if you know what I mean.

If you go off the brief information sheets Ford’s made available, Brembo brakes and a valved exhaust system appear to become available on the $47,610 GT Premium Fastback, which makes me pause for a second. While I’m no stranger to luxuries, having to pay $4,520 extra for largely creature comforts to gain the ability to pay even more money for performance goodies would be a real shame. Sure, multi-color ambient lighting and alloy pedals are nice, but they aren’t strictly necessary in the pursuit for hot, nasty, badass speed. Let’s hope that bigger brakes and an uprated exhaust good for six extra horsepower are also available on the base GT.

2024 Ford Mustang price

Expect the $53,110 Mustang GT Premium Convertible to be largely identical to the GT Premium coupe, with the exception of a fabric top with a full liner. Ford claims that this trim gets a heated steering wheel and an available 12-speaker B&O sound system which should enable open-topped motoring more of the time, although I wouldn’t be surprised to see both of those toys available on the equivalent coupe.

Dark Horse 05

Finally, we reach the full enchilada of the 2024 Ford Mustang range, the $59,565 Dark Horse Fastback. You’re probably thinking that a $16,475 premium over a regular Mustang GT is a lot of money, and you’d be right. Mind you, the Dark Horse gets a stronger Tremec manual gearbox, magnetorheological dampers, and an extra twenty horsepower over the standard GT, most of which are fairly expensive parts on their own. Still, expect the price to soar past $60,000 and into BMW M2 territory once options are added, which sets up one of the most interesting performance car grudge matches of 2023.

So there we are, a quick walk through the 2024 Ford Mustang range. Expect significantly more details including detailed feature sets and options lists to materialize over the next few months, but this is what we have to work with for now. As it stands, the seventh-generation Mustang still offers fantastic horsepower for the dollar, so it should be a fitting possible end to the internal-combustion Mustang lineage. We might be getting towards the end of an era, but this chapter’s only beginning.

Tell us what you think about the new Mustang; is it still a contender for you as an enthusiast?

(Photo credits: Ford)

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63 thoughts on “The 2024 Ford Mustang Starts At A Very Reasonable $32,515. Would You Consider Buying One?

  1. Ford has done the right thing with the Eco Boost offering. I’ve driven it; I like it; I’d buy it. But not for Seattle’s third-world pothole roads, no sir. My cracked teeth will only support my dentist’s Porsche payments.

  2. Nope. Completely wrong one options and pricing. Ford is delusional that enough folk will pony up the big bucks for high option performance. Me thinks those numbers will be few.

    What the Mustang people want is performance without the electronic gibberish. Can one say NO iPads…. How about analog gauges?

    The electronic gauge young folk won’t buy a Mustang anyways.

    But all this begs the question: why do magazine and internet reviewers get so gaga about bells and whistles? And knock something that is not optioned to the gee whiz gills?

  3. Nope. Not that it’s a terrible car, but Mustangs just aren’t my thing. I’d actually buy a Challenger before I bought a Mustang but then price becomes an issue. The ones worth getting are creeping into Lexus price territory.

  4. On principle alone I couldn’t buy a muscle car that doesn’t have a V8 in it, GT+ or nothing.

    GT/Dark Horse prices seem pretty reasonable. A Dark Horse in that fancy paint seems like a very good product.

    1. Agreed. The turbo 4s look good on paper with 300+ hp, but I just can’t see spending real money on anything else as long as the V8 continues to be an option.

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